Gauzy (GAUZ) Registration Filing summary

Company overview and business model

• Operates as a fully integrated light and vision control technology provider, serving mobility and architectural markets with proprietary nanotechnology, electronics, and AI-powered solutions.

• Key products include smart glass (SPD and LC materials), advanced driver assistance systems (ADAS), and camera monitoring systems (CMS), with applications in aerospace, automotive, architecture, and specialty vehicles.

• Maintains serial production with major OEMs and Tier 1 suppliers globally, leveraging vertically integrated production in Israel, France, Germany, and the US.

• Revenue is diversified across geographies and sectors, with no single customer accounting for more than 9.3% of 2024 revenue.

• Benefits from regulatory and secular trends driving adoption of light and vision control technologies.

Financial performance and metrics

• In 2024, revenue distribution: 28.3% US, 29.0% Europe (ex-France), 25.6% France, 1.3% Israel, 11.8% Asia, 4.0% other.

• By market: 40.0% aerospace, 44.1% safety tech/commercial vehicles, 12.7% architectural, 3.2% automotive.

• No single customer represented more than 9.3% of revenue for the year ended December 31, 2024.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including production line expansion, R&D, advertising, technology development, working capital, and operating expenses.